Marty's Ƀent
Issue #818: Great Bitcoin primer
I highly recommend that you read this piece from Yassine and share it with anyone you know who may be interested in learning more about Bitcoin.
I highly recommend that you read this piece from Yassine and share it with anyone you know who may be interested in learning more about Bitcoin.
We interrupt our coverage of the end of the world to bring you a much needed respite from the madness.
It's fascinating to see just how long Bitcoin spent under $1,000; 2,360 days or 73% of the time that has past since mid-August 2010, which marks a few weeks after Bitcoin's first official pump (from $0.008 to $0.08, what a fucking pump).
The truth shall set us free, freaks. The first step is noticing and admitting that we have a problem. The next is helping people become more economically literate so they understand the implications of monetary experiments that affect every human on Earth.
A thought-provoking essay that serves as a great framework to use if you need help questioning your assumptions and putting them in greater perspective.
Let me be clear, I have no problem with individuals in a free market collaborating to bring something to the market. I do not think there was anything unethical about the launch, in fact, it is fairer than all of the launches one witnesses in this wasteland of a "space".
This issue may be longer than your average, but I promise it'll be worth your time. Here's what piqued my interest so far this week:
Let this be a lesson to any of you out there who may have fallen for the FUD; Bitcoin works as designed. A self-correcting distributed system that works to ensure its security by adjusting to demand for bitcoins.
